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inostrani kapital kao faktor razvoja zemalja - Ekonomski fakultet u ...

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application of fiscal measures, like the famous flat tax rate at 19% in all areas, from<br />

VAT to profit taxation.<br />

Fig. 6. is showing the fiscal deficit of the two countries: we can observe that<br />

Slovenia again has a fiscal policy which is much more equilibrated than Slovakia’s,<br />

which was one of the reasons for accepting it into the Euro area, whereas Slovakia<br />

looks like “fighting” with this problem. But in the last time, the fight appears to be<br />

successful, closing on the target given by the Maastricht rules, which are, as known<br />

-3% of GDP at the maximum level.<br />

Percentage of GDP<br />

FDI as % of GDP<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

-2<br />

-4<br />

-6<br />

-8<br />

-10<br />

18<br />

16<br />

14<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

Russia<br />

Slovenia<br />

Polonia<br />

Fig.6.: Government Balance in % of GDP<br />

2002 2003 2004 2005 2006 2007 2008<br />

Years<br />

Fig.7.: FDI Inward as % of GDP<br />

Slovenia<br />

Polonia<br />

Russia<br />

2002 2003 2004 2005 2006 2007 2008<br />

Years<br />

19

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